Could Riverview be the Best area to buy in Ipswich? Read the Best buyer’s agent in Ipswich suburb report on Riverview to find out!
Overview
Riverview is a growing suburb in the Ipswich region, offering affordable housing, excellent transport links, and a family-friendly atmosphere. Situated close to Ipswich CBD, this suburb combines suburban tranquillity with easy access to urban amenities. Riverview is increasingly appealing to first-time homebuyers and investors seeking long-term growth potential and a welcoming community environment.
Suburb Snapshot
- Median House Price (2024): $560,000
- Annual Growth (2024): 22.3%
- Location Attributes:
- Brisbane CBD: 30 km (Approx. 35 minutes’ drive)
- Ipswich CBD: 10 km (Approx. 15 minutes’ drive)
- Springfield Central: 12 km (Approx. 15 minutes’ drive)
- Gold Coast CBD: 80 km (Approx. 1.2 hours’ drive)
Demographics
Based on the 2021 Australian Bureau of Statistics (ABS) data:
- Population: Approximately 3,200
- Median Age: 34 years
- Housing Types: Predominantly detached houses, with a mix of rentals and owner-occupied properties, appealing to young families and investors.
Property Market Overview
Houses:
- Median Price: $560,000
- Median Weekly Rent: $480
- Rental Yield: 4.5%
- Notable Recent Sales:
- 2 Child Street: $835,000 (December 2024)
- 6 Price Street: $695,000 (December 2024)
- 11 Pickering Street: $659,000 (November 2024)
Units:
- Median Price: $350,000
- Median Weekly Rent: $350
- Rental Yield: 5.2%
Long-Term Growth:
Riverview’s property market has demonstrated substantial growth, with the median house price rising from $240,000 in 2007 to $560,000 in 2024. This equates to an annual growth rate of 6.6% over the past 17 years. Growth spikes were notable in 2022 (26.6%) and 2024 (22.3%), driven by increased demand for affordable housing and infrastructure enhancements.
Vacancy Rates:
- Vacancy rate as of November 2024: 1.9%
Education Options
- Primary Schools:
- Riverview State School
- St Peter Claver College
- Secondary Schools:
- Redbank Plains State High School
- Child Care Centres:
- Busy Bees at Riverview
- Two additional centres listed on Toddle and CareforKids.
Lifestyle and Amenities
- Shopping:
- Redbank Plaza
- Riverlink Shopping Centre (nearby)
- Parks and Recreation:
- Riverview Park, featuring playgrounds and walking trails
- Proximity to White Rock – Spring Mountain Conservation Estate
- Cultural Highlights:
- Close to Ipswich Art Gallery and other heritage sites
Health and Wellbeing
- Closest Hospitals:
- Ipswich General Hospital (15 minutes’ drive)
- St Andrew’s Ipswich Private Hospital (15 minutes’ drive)
- Local Healthcare: Ample clinics and pharmacies within the suburb.
Community and Employment
Riverview provides a supportive community with local events and activities. Key employment sectors include healthcare, retail, and logistics. Proximity to Ipswich and Brisbane expands work opportunities for residents.
Recent and Planned Developments
- Ipswich to Springfield Rail Expansion: Aims to enhance connectivity and reduce commute times, with completion targeted by 2026.
- Riverview Green Initiative: Development of green spaces and recreational facilities to improve community living standards, expected completion by 2027.
For more development projects in Ipswich, [Click here].
For more development projects in South East Queensland, [Click here].
Key Statistics Table
| Metric | Data |
|---|---|
| Population | 3,200 |
| Median House Price (2024) | $560,000 |
| Median Weekly Rent (Houses) | $480 |
| Rental Yield (Houses) | 4.5% |
| Education Facilities | 3 Schools, 3 Childcare Centres |
| Transport Access | Road and Rail |
Ipswich Buyer’s Agent Introduction
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Conclusion: Why Choose Riverview?
Riverview combines affordability, strong property market growth, and a welcoming community, making it an excellent choice for first-time homebuyers and investors. Its strategic location, green spaces, and future developments further enhance its appeal.
Ready to make Riverview your next destination? Contact us today to begin your journey!